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Budget Proposals Prompted to Keep Poultry Apace

by 5m Editor
20 May 2008, at 8:51am

PAKISTAN - A total collapse of the poultry industry in Pakistan, accounting to an Rs.200 billion investment, has been forecast by the Chairman of the Pakistan Poultry Association unless new policy decisions are taken immediately.

According to the Pakistan Observer, Dr. Khalid Shouq Chairman Pakistan Poultry Association recently made this appeal in a statement.

He observed that there has been huge loss of Rs.30.000 -35.000 billion during 2006/07 due to bird flu rumours to the Poultry Sector. The quantum of losses and cumbersome modalities involved in compensation to Poultry Farmers. It would be more advisable that interest free loans up to Rs. One million be given and mark up should be picked up by the Government as an incentive to small and medium size poultry farmers, reported the news agency.

The Agricultural Development Bank of Pakistan, National Bank of Pakistan and The Bank of Punjab to attract new investments to sustain poultry farming also sanction the project loans on priority. The Banks discontinued this facility long ago. Further loan granted by National Banks to small and medium size poultry farmers be written off to encourage poultry farmers to continue poultry farming. He demanded that 50% Subsidy on imported Vaccination of (H5N1) vaccine should be sanctioned.

Vaccination of (H5N1) vaccine in the areas, where there has been an outbreak of the disease (50 K.M around) is essential for poultry farmers. It is suggested that 3.000 Million doses should always be made readily available in Veterinary Research Institute, Lahore to tackle the situation in time.

View the Pakistan Observer story by clicking here.

5m Editor